Blood Pressure Monitors Market Size, Share, Growth 2023
The global blood pressure monitors market size was valued at USD 1.60 billion in 2022. The market is projected to grow from USD 1.73 billion in 2023 to USD 3.10 billion by 2030, exhibiting a CAGR of 8.8% during the forecast period.
Blood pressure (BP) variations
or fluctuations are essential in diagnosing any chronic disease. In recent
years, prominent players, consisting of Omron Healthcare, Inc., SunTech Medical
Inc., and others, have introduced a variety of unique blood pressure monitoring
devices not only for the detection of blood pressure but also to detect the
vital signs, temperature, heart rate abnormalities, and more.
Fortune Business Insights™ mentioned this in a report titled “Blood Pressure Monitors Market, 2023-2030.”
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Drivers & Restraints:
Increasing Occurrence of Chronic Diseases to
Drive Market Growth
Globally, the occurrence of
chronic diseases, including hypertension, is growing rapidly. The government of
different countries, as well as private healthcare organizations, are
constantly promoting awareness of the effective management of hypertension.
This leads to increased self-diagnosis processes and routine checkups among
common people, resulting in the rising demand for BP monitors. Lack of
inaccuracy and the validation of some automatic and manual monitors is
resulting in incorrect measurements hence, restricting the blood pressure
monitors market growth.
List of Key Market Players Profiled in the
Report:
- Omron
Healthcare, Inc. (Japan)
- Hill-Rom
Holdings, Inc. (U.S.)
- Nihon
Kohden Corporation (Japan)
- Koninklijke
Philips N.V. (Netherlands)
- Masimo
(U.S.)
- Beurer
GmbH (Germany)
- GE
Healthcare (General Electric Company) (U.S.)
- American
Diagnostic Corporation (Europe)
- SunTech
Medical, Inc. (U.S.)
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